SAND/USDT Elliott Wave count 45min TFSAND may move to the upside with a Head and Shoulders pattern.
Wait for a clear breakout at 0.8984 to entry long with take profit at next resistance if this upisde move is a corrective pattern WXY.
It also may move more to the upside if this is an 12 12.
Good luck!
Longshortcompetition
ETH/USDT Elliott Wave count 15Hmin TFEthereum may use an expending leading diagonal to push higher.
Wait for the breakup of the b wave that formed wave B or 2 to enter long.
Wathc also my link related ideeas from the past!
I will post updates to this trade so subscribe for future updates and hit the like button if you like my analysis.
Good luck!
ETH/USDT Elliott Wave count 4H TFEthereum alterntive count to Link related ideea.
Ethereum may stay into a range before will go down for a C or 3 wave and maybe just finished waves A and B from a flat pattern.
If this count is correct we must see a rally to the upside.
Wait for wave 1 and than enter long.
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Thank you! and, Good luck!
BTC/USDT Elliott Wave count 6H TFBitcoin I think it will make an expended flat correction.
This impulse to the upside is the C wave that probably will end in the box where also it is a consolidation zone.
Also it may end this C wave into 1:1 A vs C ratio at 26174 but favorite target is 1.236 fib extension at 27978.
We have a good rally as C wave must be an impulse and I am expecting to move fast to the upside.
I will post updates on this count so if you like it subscribe and hit the like button!
I am expecting your comments, so lets see how do ypuu see the market!
Good luck!
SOL/USDT Elliott Wave CountTrade update(watch link to related idea) with possible targets for take profit.
I am expecting Solana to contine this ascending move. 1 st important resitance is at 36.50 zone where I am expecting to make a pullback.
Red count is a 3rd wave of the blue count and the impulse has an extended 5th wave.
Good luck! Hope you etnered this trade. I will post updates for this trade, also I am in.
Subscribe if you like my analysis for future updates and trade ideas.
Also I am expecting your analysis and how youu see the market for solana.
CHZ/USDT Elliott Wave count 15min TFChiliz is into an leading diagonal that I think will end into the top of subwave A fom B wave of the bigger flat pattern soomewhere at 0.22120.
This leading diagonal probably is wave 1 form C wave.
Take a look also to the related idea that I publihed yesterday.
I will keep updateing this count. I am long on CHZ so if you like my analysys give me a like and subscribe for future updates. Thank you and good luck!
CHZ/USDT Elliott Wave count 1H TFChliliz ended a 5th waves move to upside and now I think it Will go into a correction phase ABC flat pattern. It will be extended we will gonna see.
I entered long on CHZ with targets into the box for an other ABC correction that will be the eave B from flat correction. Good luck!
Bitcoin Elliott Wave count 4H TF Bitcoin I think made an leading diagonal that may be a wave 1 or A (green count) and it can use it to move upside for a 3rd or C wave.
This impulse to the downside may be a wave 1 or A. Anyway I am expecting a move up to the 0.5 fib retracement to make a B or a 2nd wave and than will see how short it will go. If bounce from the zone somewhere 18600 and take B wave we can start to enter long for at least a C wave.
If it will go above 20165 I will enter long with targtes into the 0.5 fib retracement zone.
Lets see more price action and I will update this count.
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CHZ/USDT Elliott Wave countChiliz after ended an impulse to the upside entered into a correction that I think is an WXY.
I entered short here after a rejection into 0.5 fib retracement of abc that forms W wave with targets at those two support levels and stop lose above 5th wave.
I will keep updating this trade so if you like it subscribe for future updates and give a like.
Thank you and good luck.
KWEB/VTI WHERE EAST MEETS WEST Hey guys,
Thank you for organizing this interesting competition.
If anyone is interested ! Join in the fun
Thanks for checking out my thesis and hope you guys enjoy it.
==========================================
Basically, i will be doing a TOP-DOWN analysis approach for my thesis between the two major economies. We will be looking at simple macro and very logically comparison.
After which, i will break down the chart into different sections with Momentum theory as the base and other confluence elements as supporting. We will trade what we see on the chart. Nothing speculative.
===================Macro=======================
Macro
$VTI - High inflationary environment / rate hikes / quantitative tightening / bull run for the last 2 years / stocks overvalued / might be looking at negative GDP + inflation = stagflation = risk off for stocks
$KWEB - Moderate inflationary environment / quantitative easing / correction for the last 2 years / low PE ratio / stocks undervalued
===================Technical analysis =======================
Technical analysis
1) Falling wedge formation
The initial momentum was very strong and diminish over time towards the end before breaking out. This shows that the momentum had extinguished and will be looking for a trend reversal. As seen on the break out and retest.
2) The price broke out from the 1 year downward trend line and did a retest / rejected with a engulfing candle forming the left shoulder and head of the inverse head and shoulders. We are no longer making lower lows.
3) As seen on the Momentum theory indicator, the bearish momentum had bottomed out and broke out from the neckline. An emerging bull momentum might emerge once the price action had proven its strength. Momentum will above 0 and will commence its run.
4) We are looking at a potential inverse head and shoulder or cup and handle formations. Both are bullish price action and trend reversal formation. This can be confirmed over the next 1-2 months after the right shoulder / or handle is formed.
Based on point 1,2 & 3. We can established that the $KWEB had ended its bear run / rejected the bottom. And once the right shoulder formed and price moved above the major support & resistance area and 200 moving average. A bull trend will emerge.
===================Entry=======================
Entry.
A multi confluence entry would enhance the confidence, increases the probability of success.
Depending on risk appetite, we have listed two possible entry scenario. Both scenarios have great risk to rewards ratio.
Entry 1
- Right shoulder or handle formed
- Price goes above major support and resistance neckline
- The 50/200 moving average golden cross = this will be the entry trigger. Stop loss can be % of your capital or the low of the inverse head and shoulders
- Exit will be either your preferred target % or ride with trailing moving average i.e 50/200 moving average death cross
Entry 2
- 30% position on bull flag of the cup and handle / or right shoulder formed
- 30% position on breakout of cup and handle / breakout of the major support & resistance neckline
- 40% position once 50/200 moving average golden cross
- Stop loss can be % of your capital or the low of the inverse head and shoulders
- Exit will be either your preferred target % or ride with trailing moving average i.e 50/200 moving average death cross
=====================END=====================
Thank you for your time and hope you enjoyed my analysis.
Trade safe and always manage your risk !
" When you genuinely accept the risks, you will be at peace with any outcome.
- Mark Douglas "
ETH/USDT Elliott Wave count 15 min TFEthereum may have been completed a flat correction that I think is a 4th wave.
Wave C needs to complete 5th wave from an ending diagonal. Also we have RSI divergence here so I am expecting to see a downside move from 1650 zone where is 1:1 proportion W vs Y.
Enter short on the break below 4th wave from this ending diagonal C wave
BNB Elliott Wave count 6H TF BNB may have ended a WXY correction to the upside and now will turn to the downside. W vs Y hits 1:1 ratio perfectly and from there turned to the downside.
We may have a Head and shoulders formation also here with target 200 usd.
Blue line shows that BNB is still remaining into an uptrend but a break below will confirm more a move to the downside.
ETH/USDT Elliott Wave count 1H TFThis is my bearish count and I will stay with this count because I have more confidence in it than the bullish count.
I think we are into an impulse wave to the downside that may be a bigger A or an wave 1 that will send ETH deeper than previous low 880. But if it will be a wave 1 this all move from 880 to the upside is not more an impulse.
I am waiting to see a 4th subwave here from the 3rd wave. The price must stay below 1750 resistance that I think will be tested soon. From there I am watching to short again ETH
ETH/USDT Elliott Wave count 1H TFEthereum may have ended a WXY correction but it must not break below 1.618 fib extension. If it break than it will do an impulse move to the downside that may be a wave A and WXY it will be invalidated.
We have also another option here and I will put as update to his coount in 5 min.
Good luck